U/s 44 ad- is it compulsory to mention cas bal sundry credit

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 August 2013 my client R is works contractor and he is illiterate and he produced with me only FORM16As and Bank Pass book only .gROSS receipts are 26 lakhs only.can he file u/s 44AD without mentioning cash bal,sundry debtors,sundry creditors.He did not maitain any accounts.produced only Form16As & passbook.kindly advise.

29 August 2013 Yes you can file return u/s 44AD without mentioning details of assets and liabilities.

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Querist : Anonymous

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02 September 2013 thank u my friend

11 October 2013 You are welcome. You should use the thanks button to convey your thanks.

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